Just Group PLC Directorate Change (9310B)
June 12 2019 - 8:00AM
UK Regulatory
TIDMJUST
RNS Number : 9310B
Just Group PLC
12 June 2019
NEWS RELEASE www.justgroupplc.co.uk
12 June 2019
JUST GROUP plc
DIRECTORATE CHANGE
Just Group plc ("Just", the "Group"), the specialist UK
financial services group focussing on attractive segments of the UK
retirement income market, is pleased to announce that Andy Parsons
is to join the company as Group Chief Financial Officer and the
Board of Just Group plc as an Executive Director. The appointment
follows an extensive search process following the departure of
Simon Thomas in October 2018. Mr Parsons will join the company in
January and the Board as soon as practical thereafter, subject to
regulatory approval.
Mr Parsons has been Group Finance Director at LV= since June
2017, having held executive positions at several leading financial
institutions. His career in finance has spanned over 25 years, with
particular expertise in life and general insurance. Prior to
joining LV=, he held the roles of finance director, divisional risk
officer and life, pensions and investment director for the
insurance business of Lloyds Banking Group. He previously worked at
Friends Life, AXA and Zurich Financial Services in a number of
executive financial roles.
Chris Gibson Smith, Chairman, commented:
"The strength and stability of our leadership team is a top priority
for the Board. The appointment of Andy enhances our Executive bench-strength
and we look forward to welcoming him to the Board in the new year.
The CEO search process is proceeding at pace and the Board are committed
to making a permanent appointment at the earliest opportunity. "
David Richardson, Interim Group Chief Executive Officer,
commented;
"We are delighted to welcome Andy to Just Group. He brings with him
commercial as well as financial expertise, and substantial experience
of insurance businesses. We are confident this will benefit Just
Group as we continue to focus on disciplined capital management.
I am looking forward to working closely with him."
Andy Parsons commented:
"I'm looking forward to joining the Board and the Executive team,
and to supporting the Group's strategy of creating value for our
shareholders while providing outstanding service for customers. The
Group has positively disrupted retirement markets by consistently
innovating, and I am excited to play my part in delivering its purpose
of helping people achieve a better later life."
No further information is required to be disclosed under Listing
Rule 9.6.13.
Enquiries
Investors / Analysts Media
James Pearce, Director of Group Stephen Lowe, Group Communications
Finance Director
Telephone: +44 (0) 7715 085 099 Telephone: +44 (0) 1737 827 301
james.pearce@wearejust.co.uk press.office@wearejust.co.uk
Alistair Smith, Investor Relations Temple Bar Advisory
Manager Alex Child-Villiers
Telephone: +44 (0) 1737 232 792 William Barker
alistair.smith@wearejust.co.uk Telephone: +44 (0) 20 7002 1080
FINANCIAL CALENDAR DATE
AGM 13 June 2019
=============
A copy of this announcement will be available on the Group's
website www.justgroupplc.co.uk
JUST GROUP PLC
GROUP COMMUNICATIONS
Vale House, Roebuck Close
Bancroft Road, Reigate, Surrey RH2 7RU
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END
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